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20121104
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keep reading that the civil engineers society in country say the power infrastructure is very far behind when it comes to transmission lines, et cetera. why is it, why are we so far behind? is governor cuomo right to be critical or is he and other politicians part of the problem when it comes to the regulatory framework? >> he's right to be vinlg want. that's part of his job. >> but what's the problem? why are we so far behind? >> i'm not sure there's as much of a problem as is being stated. the infrastructure is aning a bit aging a bit, but there is the question of keeping electricity prices down. utilities would be happy to enhance and modernize the infrastructure, but the pressure from their own regulators sometimes keeps them from doing it. >> that is a key point. can i go there with you? that is such a total key point. you've got all these regulations. it is the opposite, the total opposite of free market economi economics. and one of the functions of the utility is to provide shareholders with a decent rate of return which means you can make the infrastructure changes that y
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